KAR 2.02% $1.70 karoon energy ltd

Well the shorters have ramped up since May 9th @ approx. .26% to...

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    Well the shorters have ramped up since May 9th @ approx. .26% to June 14th @ 1.73% of the MC as the SP has declined from $ 1.88 to now!

    There was some concern the direction of the company may not be aligned with SHLDRs best interests - not sure how well founded this was? but the market certainly appears to have turned sour since! Was this just a tree shake to feed into the Shorters web?

    Thinking of exposing myself to KAR, just struggling to read the market under-currents!? Perhaps after EOFY we'll see a change in direction?


 
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